I don't have to watch your janked up vid to know that.
Another great one on the turds being traded out there
Just a dead cat bounce?
Imagine being able to send any amount of money you wanted in less than a few seconds.
-No middlemen, no fees. It's your money, you can do whatever you wanted with it. Maybe you wanted to send it over to someone across the ocean in Europe. Or Asia--- whatever. Done in less than 3 seconds,.
-Imagine merchants not having to pay additional fees to credit card companies, and so, they offer discounts and lower prices for their goods/services.
-Now compare that to countries like Venezuela, where their currency has become worthless.
That's just the very bare minimum basics of a cryptocurrency. I'm talking about Nano, not Bitcoin. Bitcoin is old, and inefficient. Proof-of-Work is bad. With Nano, you don't need to do that crap and waste electricity.
Here's a quick example.
Oh, and for the record, this is just the basics. I suggest you all study up on blockchain technology, smart contracts, and it's uses. There's a reason many large enterprises are moving into the field. DNV GL, the big four (well, I think 3/4? of them are), etc.
But what do they know compared to some random letsrun posters?
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